XRP cout hit $6.4 by March 2025 or earlier, predicted an analyst.
The linear regression indicator shows that XRP might hit $27 by the end of the cycle.
XRP retained $2 in the past 24 hours and surged as high as $2.14.
Predicting XRP’s price is important for traders, with price action serving as a key indicator to chart the token’s future trajectory. The fourth-largest digital asset by market capitalization dropped nearly 11% in the past 24 hours but held firm above $2 after recently reaching $2.14.
Analysts rely on tools like linear regression models to predict future price movements, as price action often dictates market sentiment, leading narratives in the crypto space. While XRP hit a multi-year high of $2.86, it still trades 47.54% below its all-time high of $3.84, with fresh forecasts pointing to a sharp rally ahead.
And so, in this case, analyst “EGRAG CRYPTO,” in a post on X (formerly Twitter), made use of linear regression to analyze XRP’s price movement. This technical tool helps traders time entry and exit points by identifying overbought and oversold levels through the upper and lower bands.
Key Levels to Watch
According to the ana…
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